Carlton

Melbourne, Australia

+5% vs Melbourne avg

Living in Carlton, Melbourne

Carlton is a relatively affordable area in Melbourne, with a cost of living index of 71.6 — that is +5% compared to the Melbourne average. At #13 of 24, it is below the city average in cost. Estimated rent for a one-bedroom apartment here is around A$2,686/month, compared to a range of A$1,842 in Sunshine to A$3,325 in Toorak.

Monthly Budget Breakdown

For a typical resident of Carlton, housing takes up roughly 47% of monthly expenses. Food and groceries account for about 15%, while transportation costs around 8%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately A$107,423 before tax.

Typical Salaries in Carlton

Salaries in Carlton reflect the local cost of living. Based on the neighborhood COLI of 71.6:

After tax and deductions of 17.9% in Australia, take-home pay for someone earning A$107,423 would be roughly A$88,194/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

71.6
COLI Index
1.05x
vs City Avg
A$2,686
Est. 1BR Rent
#13
of 24 Areas
17.9%
Total Deductions

Tax & Deductions in Carlton

Estimated annual deductions on a A$76,304 salary in Carlton, Melbourne (local employee).

Income Tax
18%
Total Deductions: 17.9%
Est. Take-Home: A$62,625/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Carlton would need to be elsewhere:

City Currency Equivalent
New York USD $53,700
London GBP £46,213
Dubai AED AED 268,703

Other Neighborhoods in Melbourne

Neighborhood COLI Multiplier vs Avg
Toorak 88.7 1.30x +30%
South Yarra 83.2 1.22x +22%
Brighton 83.2 1.22x +22%
CBD 81.8 1.20x +20%
Albert Park 78.4 1.15x +15%

View all 24 neighborhoods in Melbourne →

Convert Your Salary

See exactly what you need to earn in Carlton, Melbourne to maintain your lifestyle.

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Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Carlton:

Distillery District, Toronto Remuera, Auckland Stockbridge, Edinburgh Dean Village, Edinburgh Gasperich, Luxembourg City Dublin 7 (Phibsborough), Dublin

Frequently Asked Questions

Is Carlton expensive in Melbourne?

Carlton is near the city average for Melbourne. Costs are about +5% vs the average, making it a mid-range neighborhood.

How does Carlton compare to the Melbourne average?

The cost of living in Carlton is above the Melbourne average. With a multiplier of 1.05x, everyday expenses including rent, food, and transportation are +5% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include Australian Bureau of Statistics · Australian Taxation Office · OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.